|6 Months Ended|
Jun. 30, 2017
|Debt Instruments [Abstract]|
Debt consisted of the following:
Outstanding letters of credit under the revolving credit facility were $48,730 and $100,613 at June 30, 2017 and December 31, 2016, respectively.
The revolving credit facility contains maintenance financial covenants. At June 30, 2017, we were in compliance with these covenants.
The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.
Reference 1: http://www.xbrl.org/2003/role/presentationRef